Business Value of E-Records Management
- Companies need to be prepared to respond to an audit, federal investigation, lawsuit, or other legal action against it.
-- Examples of lawsuits: patent violations, fraud, product safety negligence, theft of intellectual property, breach of contract, wrongful termination, harassment, and discrimination
-E-discovery is the process of gathering electronically stored information in preparation for trial, legal or regulatory investigation, or administrative action as required by law.
--when a company receives an e-discovery request, the company must produce what is requested-or face charges of obstructing justice or being in contempt of court.